Modern valuations

Epstein, D.

Modern valuations - 1993 - Estates Gazette (9314) 10 April 1993, 90-91; (9315) 17 April 1993, .

Four articles on modern valuation methods discusses firstly why, in the author`s view, traditional valuation methods are unsatisfactory in today`s market conditions, secondly aims to ascertain the best method for capitalising the income stream from an over-rented investment by comparing a range of methods and thirdly examines the concept of effective rental value and method of calculation. Concludes with an examination of the inter-relationship between effective rental value and `core yield` with reference to the relative pricing of rack-rented and over-rented investments. Tables.


CAPITAL VALUATION
CORE YIELD
EFFECTIVE RENTAL VALUE
INVESTMENT VALUATION
MARKET CONDITIONS
OPEN MARKET
OVER-RENTED PROPERTY
RENTAL VALUES
TOP-SLICING
VALUATION METHODS
YIELDS